Synthetic Equity Contracts

Synthetic Equities
UK

The table below looks at the prevalence of the term Synthetic Equity in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Synthetic Equity over the 6 months to 4 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 589 - 853
Rank change year-on-year - - -161
Contract jobs citing Synthetic Equity 2 0 1
As % of all contract jobs advertised in the UK 0.005% - 0.001%
As % of the Miscellaneous category 0.015% - 0.003%
Number of daily rates quoted 2 0 0
10th Percentile £560 - -
25th Percentile £575 - -
Median daily rate (50th Percentile) £625 - -
75th Percentile £700 - -
90th Percentile £730 - -
UK excluding London median daily rate - - -

All Generic Skills
UK

Synthetic Equity is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,085 19,696 29,368
As % of all contract IT jobs advertised in the UK 30.32% 33.30% 33.10%
Number of daily rates quoted 8,418 13,533 20,480
10th Percentile £263 £308 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.23% - +10.00%
75th Percentile £656 £678 £656
90th Percentile £798 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 902 642 725
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £30.14 £22.49 £27.50
Median % change year-on-year +34.04% -18.24% +4.05%
75th Percentile £61.30 £64.44 £50.00
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £28.25 £22.00 £20.07
% change year-on-year +28.41% +9.64% -16.40%

Synthetic Equity
Job Vacancy Trend

Job postings citing Synthetic Equity as a proportion of all IT jobs advertised.

Job vacancy trend for Synthetic Equity in the UK

Synthetic Equity
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Synthetic Equity.

Daily rate trend for Synthetic Equity in the UK

Synthetic Equity
Daily Rate Histogram

Daily rate distribution for jobs citing Synthetic Equity over the 6 months to 4 May 2024.

Daily rate histogram for Synthetic Equity in the UK

Synthetic Equity
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Synthetic Equity within the UK over the 6 months to 4 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London - 2 £625 - 1
England - 2 £625 - 1

Synthetic Equity
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Cloud Services
1 1 (50.00%) AWS
1 1 (50.00%) Azure
Database & Business Intelligence
1 1 (50.00%) Big Data
Development Applications
1 1 (50.00%) JIRA
General
1 2 (100.00%) Banking
2 1 (50.00%) Investment Banking
2 1 (50.00%) Prime Brokerage
2 1 (50.00%) Social Skills
Job Titles
1 1 (50.00%) .NET Architect
1 1 (50.00%) Analyst
1 1 (50.00%) Architect
1 1 (50.00%) Banking Analyst
1 1 (50.00%) Business Analyst
1 1 (50.00%) Investment Banking Business Analyst
1 1 (50.00%) Regulatory Business Analyst
1 1 (50.00%) Regulatory Reporting Business Analyst
1 1 (50.00%) Report Analyst
Libraries, Frameworks & Software Standards
1 1 (50.00%) .NET
1 1 (50.00%) WPF
Miscellaneous
1 2 (100.00%) Equities
2 1 (50.00%) Algorithms
2 1 (50.00%) Data Structures
2 1 (50.00%) Equity Derivative
2 1 (50.00%) SWIFT Messaging Network
Processes & Methodologies
1 1 (50.00%) Agile
1 1 (50.00%) Project Management
1 1 (50.00%) Software Engineering
Programming Languages
1 2 (100.00%) SQL
2 1 (50.00%) C#
2 1 (50.00%) JavaScript
Quality Assurance & Compliance
1 1 (50.00%) EMIR
1 1 (50.00%) MiFID